HSBC drives trade digitisation in Mena

  • Date: 18-Dec-2019
  • Source: Global Trade Review
  • Sector:Technology
  • Country:UAE
  • Who else needs to know?

HSBC drives trade digitisation in Mena

HSBC has carried out two digitised letter of credit (LC) transactions in the Middle East, with the bank claiming it's the first time blockchain has been used for trade finance in Oman, Saudi Arabia and Bahrain. GTR spoke exclusively to the bank's head of trade and receivables finance in Mena and Turkey, Sunil Veetil, about ...

The post HSBC drives trade digitisation in Mena appeared first on Global Trade Review (GTR).

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